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Cargojet & UPS Enter Into Long-Term Air Cargo Services Agreement

Emirates Confirms Billions in Government Subsidy for Airport Terminal

The United Arab Emirates spent a staggering $7.8 billion to build an opulent, 11-story air terminal at Dubai International Airport for the sole benefit of its airline, Emirates, according to documents the airline filed with the U.S. government that confirmed one of the most excessive and unapologeti...

Transaero Airlines sees recovery of its cargo traffic

Transaero Airlines’ cargo traffic started to recover in July after the earlier decline amid the economic headwinds. In July 2015, Transaero delivered 5,742.2 tonnes of cargo, a 3% increase over July of 2014. Revenue cargo tonne kilometres grew to 31,837,600 tkm, 1% up on July 2014. Tr...

LCCs face strict visibility regulations at Delhi

New entrant low-cost carriers (LCCs) to India, including SIA-backed Vistara and AirAsia India, are facing potential schedule disruptions at Indira Gandhi International Airport (IGIA) in Delhi. Both airlines have been flagged as having likely takeoff and landing limitations imposed during low-visibility days at the Delhi hub this winter. Delhi—frequently a victim of severe smogs&...

Rosneft and Viking Air signed a contract for delivery of 10 aircraft

RN-Aircraft (part of Rosneft Group) and Viking Air Limited (Canada) signed a contract for delivery of 10 aircraft, TASS reports with reference to a press release of the Russian Company. “One of Rosneft’s top-priority objectives is to ensure efficient and reliable provision of aviation services in hard-to-reach regions on behalf of the company. DHC-6 Series 400 Twin Otter multi-role...

Saudia Cargo Resumes Freighter Operations to JFK

Saudi Airlines Cargo Co. will start operating freighter flights to John F. Kennedy International Airport starting on September 4 in response to the size of the growing demand for shipping operations. The scheduled weekly freighter flight will run from Jeddah to New York City. Acting VP Commercial, Rainer Mueller, stressed that “this step will enhance the activity of air cargo operations t...

Norwegian increases its long-haul fleet and acquires two new Dreamliners

Norwegian has signed an agreement to acquire an additional two new Boeing 787-9 Dreamliners, enabling the company to launch even more long-haul routes. Both aircraft are scheduled to enter service in summer 2017. The 787-9 is larger than the eight 787-8s that Norwegian currently operates on its long-haul routes. With this new agreement, the long-haul fleet will consist of 19 Dreamliners by 2018....

Swiss eyes boost in Asian capacity

Switzerland's flag carrier SWISS will spend up to SFR6 billion ($6.4 billion) over the next two years to increase capacity, with a significant proportion of that in Asia. Following its upgraded order for nine Boeing 777-300ERsin May this year, it will replace its aging Airbus A340-300s on several Asian direct routes with the new aircraft. The first to see the B777 upgrades will be i...

China’s Spring Airlines’ 1H profit climbs 129%

hanghai-based low cost carrier Spring Airlines has reported a net profit of CNY619.5 million ($97 million) for the first half of 2015, up 129% over the CNY270.8 millionfor the same period the previous year. Operating revenue was up 15% to CNY3.95 billion, while operating costs increased 2.8% to CNY3.1 billion. The airline credited lower fuel prices and “robust growth in...

Azul experiments with ‘Brazil Air Pass’ for US passengers

Azul Brazilian Airlines is offering passengers from the US single-price passes for unlimited flying in Brazil over set time periods. Any US passenger flying to/from Brazil aboard Azul or United Airlines is eligible for the “Azul Brazil Air Pass.” Unitedannounced an agreement with Azul in June to acquire a 5% stake in Azul and it entered into a partnership with the Brazilia...

Shun Tak Holdings confirms plans to close Jetstar Hong Kong

The fate of Jetstar Hong Kong (Hong Kong Chek Lap Kok) has been sealed after Hong Kong-based property and transportation conglomerate, Shun Tak Holdings, announced it would not invest any further funds into the failed start-up. "After reviewing the decision and potential course of actions, the Group has resolved not to further invest in the business of JHK and proposed to termina...

C&L Brokers Deal for Sale of Saab 340A to Kiwi Regional

(Bangor, Maine, USA) C&L, working on behalf of Spint Air, brokered a deal with Kiwi Regional Airlines for the sale of a Saab 340A, MSN 065. This is C&L’s eighth Saab transaction in the last 12 months. As a world leader in the Saab 340 market, C&L is committed to maintaining the aircraft type as an economical option for regional operators around the world. Kiwi w...

Avianca Holdings And Its Subsidiaries Carried More Than 2.5 Million Passengers

In July 2015, Avianca Holdings and its subsidiaries carried 2,564,518 passengers, a 10.8% increase over the same period in 2014 In July, the subsidiary companies of Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH) (*) transported 2,564,518 passengers, up 10.8% compared to July 2014. Capacity, measured in ASKs (available seat kilometers), increased 8.5%, while passenger traffic, measured...

Iran officials says Russians off the tender list for new aircraft

An Iranian official has said that it is unlikely that Iranian airlines will be buying Russian-made passenger aircraft anymore after a turbulent history. As they move away from Russian aircraft it is becoming more likely that Iranian companies would seek Airbus and Boeing products, said Maqsoud Samani Assadi, secretary of Iran’s Airlines Association in an interview with Trend News Age...

South African Airways and Jet Airways Expand Codeshare Agreement

South African Airways, Africa’s most awarded airline, and Jet Airways, India’s premier international airline, have further expanded their codeshare agreement. With immediate effect, passengers can now book and travel throughout the combined networks of both airlines, and enjoy convenient flight connections between India and South Africa, over Jet Airways’ Abu Dhabi gateway. Th...

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